CCP 1.84% $14.96 credit corp group limited

Ann: Credit Corp Group FY23 Media Release, page-4

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    The market is punishing CCP for today's result which contained just one problem, the lack of A+NZ debtors ledgers.

    CCP still produced a ROE of about 11.5% for FY'23 and expanded its loans business to help offset low PDL purchases.

    CCP is forecasting a 4% NPAT increase for FY'24

    Should A+NZ debtors become more available the CCP performance could really take off. CCP sits comfortably in my super fund and will return to growth in the near future.
 
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